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18642 Demion Ln, Huntington Beach, CA 92646
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18642 Demion Ln Huntington Beach, CA 92646

$2,185,000 Sold Price as of 10/12/2023
  • 9 Beds
  • 7 Baths
  • 4,348 Sq.Ft.
Sold
$2,185,000 Sold Price as of 10/12/2023 Refinance Your Mortgage
Map preview of 18642 Demion Ln, Huntington Beach, CA 92646

Property Overview: 18642 Demion Ln Huntington Beach, CA has 9 bedrooms, 7 bathrooms, 4,348 living square feet and 7,275 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present the sale of 18642 Demion Lane, a Covington style 4-unit apartment building located in the City of Huntington Beach. The property consists of a single story 3 bed / 2 bathroom unit featuring a fireplace, private patio, and a 2 car garage. There are (2) 2 bed / 2 bath units and (1) 2 bed / 1 bath unit that all have private single car garages. Each unit is separately metered for gas/electricity and has laundry hook-ups in the garages as well as the opportunity to add a community laundry area if desired. Tenants enjoy close proximity to Huntington’s finest beaches, parks, and all the amenities Beach Blvd has to offer!

Listed by Timothy Carr | BRE #01017277 | Coldwell Banker Realty
Last checked: 6 minutes ago | Last updated: October 12th, 2023 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
7,275
HOA Dues
$0/mo
Year built
1971
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
NP23171785
City
Huntington Beach
County
Orange
Time on Site
233 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,175
  • Total Rent: $2,175
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,005
  • Total Rent: $2,005
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,385
  • Total Rent: $2,385
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $109,980
  • Net Operating Income: $72,182
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $34,498
  • Electric: $450
  • Gas/Fuel: $0
  • New Taxes: $23,048
  • Trash: $2,100
  • Gardener: $1,000
  • Insurance: $2,500
  • Water/Sewer: $2,400

Property Details for 18642 Demion Ln

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community, In Garage
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Carpet, Laminate
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Cooktop
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 15750116
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: Beach Blvd to Ellis to Demion
Neighborhood Information
  • Community Features: Curbs, Park, Sidewalks
View more facts & features

Local Huntington Beach Agent

Sale History for 18642 Demion Ln

Last sold for $2,185,000 on October 12th, 2023

  • October, 2023

  • Oct 12, 2023

    Date

    Sold

    CRMLS: NP23171785

    $2,185,000

    Price

  • Sep 14, 2023

    Date

    Active

    CRMLS: NP23171785

    $2,195,000

    Price

  • December, 2013

  • Dec 30, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2013

  • Nov 12, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,175,000

    Price

Show More

Tax History for 18642 Demion Ln

Assessed Value (2020): $1,317,050
Year Land Value Improved Value Assessed Value
2020 $1,105,684 $211,366 $1,317,050

Home Value Compared to the Market

This property vs the competition

18642 Demion Ln sold on October 12, 2023 for 70.16% higher than the current median sold price for the city of Huntington Beach which is $1,290,000. The median sold price per/sqft for Huntington Beach is $748 and this home is sold at $504.83 per/sqft which puts the price per square foot 32.51% lower than the current median sale per square foot for the city of Huntington Beach.

About 18642 Demion Ln

Detailed summary of property

18642 Demion Ln is a fourplex that recently sold in Huntington Beach, CA 92646. This fourplex offered 9 bedrooms, 7 bathrooms, roughly 4,348 living square feet, and sits on an approximately 7,275 square foot lot. 18642 Demion Ln was first listed on ArdentRealEstateGroup.com on September 14, 2023. The homeowner sold the property for $2,185,000. Home in Huntington Beach are selling for a median price of $1,290,000 and a median price per square foot of $748. Based on Ardent Real Estate Group's Huntington Beach Market Data, this home is sold 70.16% higher than the current median priced home. Local homes that are currently for sale include 222 Costa Mesa St, 222 Costa Mesa St and 150 Cecil Pl. While the average home in Huntington Beach, CA is selling in 58 days, 18642 Demion Ln has a days on market of 3 days. There are currently 293 homes for sale in the Huntington Beach real estate market and 196 of them are single family homes while 66 of them are condos and 31 are townhomes. For more information on this home for sale at 18642 Demion Ln Huntington Beach, CA 92646 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Beach agents.

Public Facts for 18642 Demion Ln

Public county record property details
Beds
--
Baths
--
Year built
1971
Sq. Ft.
4,348
Lot Size
7,175
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
27
APN
157-501-16

The source for these homes facts are from public records.

92646 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,250,000
Median List Price/Sq.Ft.
$704
Median Sold Price
$1,265,000
Median Sold Price/Sq.Ft.
$688
Total Inventory
69
Median Sale to List Price %
97.38%
Avg Days on Market
24
Loan Type
Conventional (22.22%), FHA (0%), VA (4.44%), Cash (42.22%), Other (31.11%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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